Sanco Trans Reports Strong Growth in PAT and Overall Score in Q2 2024.
Sanco Trans, a microcap logistics company, has reported a flat performance in the second quarter of fiscal year 2024-2025. However, its overall score has improved from 3 to 5 in the last three months. The company's Profit After Tax has shown a remarkable growth of 605.88% in the nine-month period, indicating a strong sales growth. Investors should monitor the company's future financial reports for further progress.
Sanco Trans, a microcap logistics company, has recently announced its financial results for the quarter ending September 2024. The company's stock has been given a 'Sell' call by MarketsMOJO, indicating a potential decline in its value.According to the financial report, Sanco Trans has shown a flat performance in the second quarter of the fiscal year 2024-2025. However, there has been a significant improvement in the company's overall score, which has increased from 3 to 5 in the last three months.
One of the major highlights of the financial report is the impressive growth in the company's Profit After Tax (PAT) for the nine-month period, which has increased by 605.88% compared to the same period last year. This positive trend in PAT is a promising sign for Sanco Trans.
Moreover, the company's PAT for the nine-month period is higher at Rs 1.20 crore compared to the preceding 12-month period, which was Rs 0.32 crore. This indicates a strong growth in sales for the company, as it has already surpassed its sales from the previous 12 months in just nine months.
Overall, Sanco Trans has shown a steady financial performance in the quarter ending September 2024, with a significant improvement in its PAT and overall score. Investors should keep an eye on the company's future financial reports to track its progress.
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